Check Figures for Chap 6 HW
Bond Calculator Solution A $1,149.39 B $1,000.00 C $85.60 D $450.90 E $1,122.89 P6-17. Bond YTM–BUT with Semiannual Interest: DO A, B, D, E only. (See handout online for calculator steps.) A: Calculator solution: 12.64% (for discount priced bonds, YTM > Coupon Rate) B: Calculator solution: 12.00% (for par priced bonds, YTM = Coupon Rate) D ... ................
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